Thailand, one of the most visited countries in the world, will soon apply blockchain to its Electronic Visa On Arrival (eVOA) – investment platform has found out.
New Thai system eVOA, which operates on blockchain, is aim to accelerate and protect the process of applying for a digital visa. In the short run, this system will be available for 5 mln of visitors from 20 countries.
The forthcoming function of eVOA is the result of mutual efforts of Australian tourist company ShareRing and Gateway Services, an entity that owns the license to process eVOA for Thailand. First of all, Thailand is going to expand blockchain-based service eVOA focusing on tourists from India and China.
According to Tim Bos, the co-founder and CEO of ShareRing, the new function will ease the process of applying for a visa to Thailand. The current procedure for obtaining a visa on arrival is realized in airports or points of entry to Thailand, it also demands from visitors the list of paper documents and copies. Today getting a visa takes about an hour.
Besides, ShareRing plans further global expansion of this blockchain-based visa application system after successful finishing new testing projects.